Sales of $1.8 billion - approximately $150 million higher than the same
period last year primarily due to the effects of changes in foreign
currency.

Net income was $20 million, or $0.28 per diluted share, compared to a
net loss of $94 million, or $1.34 per diluted share in the second
quarter of fiscal year 2007.

Income from continuing operations, before special items, was $27
million, or $0.37 per diluted share, compared to $12 million, or $0.17
per diluted share one year ago.

Cash flow from operations, net of capital expenditures, was $134
million compared to an outflow of $71 million in the same period last
year.

Commercial Vehicle Systems (CVS) EBITDA margins increased by 1.5
percentage points, before special items, in the second quarter of
fiscal year 2008 compared to the same period last year, despite lower
commercial vehicle volumes in North America.

Performance Plus initiatives were implemented during the second quarter
that will result in savings of $32 million on an annual run-rate basis.
The company continues to expect Performance Plus cost reductions of $75
million this year net of known risks; growth opportunities previously
announced will provide incremental profit opportunities.

"In spite of the downturn in the North American commercial vehicle market
that has lasted longer than we anticipated, and volume declines in the light
vehicle market in North America, we delivered strong results this quarter,"
said Chairman, CEO and President Chip McClure. "Initiatives driven through
Performance Plus, including lean improvements in our global manufacturing
operations, are helping us put in place a solid foundation for continued
earnings growth."

Results for the Second-Quarter Fiscal Year 2008

In the second quarter of fiscal year 2008, ArvinMeritor posted sales from
continuing operations of $1.8 billion, up from the same period last year.
Excluding the impact of foreign currency translation, sales were approximately
flat due to a continued weak economy in North America, offset by strong sales
growth in South America, Europe and Asia.

EBITDA, before special items, was $104 million, up $27 million from the
same period last year. This increase is primarily due to improved pricing and
commodity cost recovery actions; cost reductions in direct material, overhead,
labor and burden; increased throughput in the company's European facilities
resulting from improved operational performance; stronger volumes in South
America and higher sales of off-highway products in China and U. S. military
products - all partially offset by lower vehicle volumes in North America and
sharply rising commodity prices.

On a GAAP basis, the company's income from continuing operations was $24
million or $0.33 per diluted share, compared to a loss from continuing
operations of $13 million or $0.19 per diluted share in the same period last
year.

Income from continuing operations, before special items, was $27 million,
or $0.37 per diluted share, compared to $12 million, or $0.17 per diluted
share, a year ago. The only special item for the quarter was a $3 million
after-tax charge associated with the company's previously announced
restructuring program, compared to special items totaling $25 million after-
tax in the same quarter of last year.

Free cash flow (cash flow from operations net of capital expenditures) was
$134 million in the second quarter. Excluding non-recourse sales of
receivables, free cash flow was $52 million this quarter compared to an
outflow of $88 million one year ago. Free cash flow included $28 million in
proceeds from the termination of interest rate swaps, but did not include $28
million received in connection with the final purchase price adjustment from
the sale of our Emissions Technologies business.

Update on Performance Plus

As previously announced, ArvinMeritor expects cost reductions driven by
its Performance Plus transformation program to generate $150 million in net
savings by 2009, with $75 million occurring by the end of fiscal year 2008.

The company originally defined three areas of Performance Plus as cost
reduction targets: Direct Material Optimization, Manufacturing and Overhead.
In the second quarter, achievements in each of these areas contributed to the
company's cost reduction targets including:

In-sourced manufacturing for certain CVS products to result in annual
savings of $7 million.

Continued performance improvements resulting from implementation of the
ArvinMeritor Production System.

Selected a single source provider for North American industrial labor
and global professional and clerical labor resulting in annual savings
of $4 million.

Performance Plus also included initiatives to enhance the company's
profitable growth. The following growth actions were implemented this quarter:

Entered into a multi-year agreement with Tata Consultancy Services in
India to enhance Light Vehicle Systems (LVS) engineering capabilities
including product development and support in Asia Pacific.

Re-established the company's off-highway original equipment and
aftermarket components business in North America, South America, Europe
and Africa.

Awarded new business in conjunction with 2,200 new MRAP orders since
January 2008.

Booked new business with an Asian manufacturer to supply more than two
million additional window regulator motors in China beginning in mid-
2008.

Announced new products designed specifically for the Asian market
including the New Asian Latch product range of modular door latch
designs, and a new sliding door latch system.

Manufacturing Footprint Improvements

In addition, several actions were implemented in the second quarter of
fiscal year 2008 to improve the company's global manufacturing footprint.

Building three new light vehicle manufacturing plants in Asia Pacific
to support increased business in the region.

Began production at the LVS facility in Salonta, Romania, to supply
window regulators, cables, latches and actuators directly to Dacia - as
well as for export to Western European customers.

On track for July 2008 completion of the company's new commercial
vehicle Monterrey, Mexico facility; also upgrading the company's
Asheville, N.C. axle facility to include a new carrier assembly line
for the NG14X - the next generation line haul axle to be launched in
February 2009.

Mitigating Rising Steel Prices

The commodity markets are currently experiencing unprecedented volatility.
Scrap steel, iron ore, and coking coal prices have simultaneously risen faster
and higher than levels seen in the past. One of the world's largest steel
producers has recently announced a $250 per short ton surcharge on contract
sales of sheet steel.

Other factors contributing to the volatility include:

Weak dollar resulting in a decline in imported steel

Global consolidation in the steel industry

Fuel and energy costs

Global demand

The combined impact of these factors has created a situation more
significant to the global transportation industry than the effect of steel
price increases encountered in 2004.

While ArvinMeritor continues to drive lean improvement actions throughout
the company's global operations, and strives to implement Performance Plus
initiatives to gain additional efficiencies, it will not be possible to
mitigate increases of this proportion through existing cost reduction programs
alone. The company has steel cost recovery programs with most major OEMs, and
will aggressively pursue additional recovery actions to address these
extraordinary costs.

Outlook

The company's calendar year 2008 forecast for light vehicle sales is 15.2
million vehicles in North America, down from the previous forecast. The
company's forecast for Western Europe is 17.1 million vehicles, unchanged from
the prior forecast.

ArvinMeritor's fiscal year 2008 forecast for North American Class 8 truck
production is in the range of 200,000 to 220,000 units. The company's fiscal
year 2008 forecast for heavy and medium truck volumes in Western Europe is
565,000 to 575,000. On a calendar year basis, the company anticipates North
America Class 8 truck production to be in the range of 220,000 to 240,000
units; and heavy and medium truck volumes in Western Europe to be in the range
of 580,000 to 590,000.

The company now expects sales from continuing operations in fiscal year
2008 in the range of $7.1 billion to $7.3 billion, up $200 million from the
previous guidance primarily due to foreign exchange movements and continued
growth outside the U.S.

The outlook for full-year EBITDA from continuing operations, before special items, is expected to be in the range of $390 million to $410 million for the fiscal year" rather than "$385 million to $405 million" as originally issued inadvertently. ArvinMeritor reaffirms its forecast for diluted earnings
per share from continuing operations, before special items, to be in the range
of $1.40 to $1.60. This guidance is based on the assumption of 1.4 percent
U.S. GDP growth, and excludes gains or losses on divestitures and
restructuring costs. ArvinMeritor reaffirms its forecast for free cash flow to
be in the range of negative $75 million to negative $125 million.

"Commodity prices are spiking in a dramatic fashion," said McClure. "These
increases, combined with resulting higher energy costs, require us to take
additional recovery actions to mitigate future impact. For fiscal year 2008,
we remain focused on our strategy to deliver results and are confident we will
achieve our full-year guidance."

About ArvinMeritor

ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry. The
company serves commercial truck, trailer and specialty original equipment
manufacturers and certain aftermarkets, and light vehicle manufacturers.
Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people
in 24 countries. ArvinMeritor common stock is traded on the New York Stock
Exchange under the ticker symbol ARM. For more information, visit the
company's Web site at: http://www.arvinmeritor.com/.

Forward-Looking Statements

This press release contains statements relating to future results of the
company (including certain projections and business trends) that are "forward-
looking statements" as defined in the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are typically identified by words or
phrases such as "believe," "expect," "anticipate," "estimate," "should," "are
likely to be," "will" and similar expressions. Actual results may differ
materially from those projected as a result of certain risks and
uncertainties, including but not limited to global economic and market cycles
and conditions; the demand for commercial, specialty and light vehicles for
which the company supplies products; availability and sharply rising cost of
raw materials, including steel and oil; risks inherent in operating abroad
(including foreign currency exchange rates and potential disruption of
production and supply due to terrorist attacks or acts of aggression); OEM
program delays; demand for and market acceptance of new and existing products;
successful development of new products; reliance on major OEM customers; labor
relations of the company, its suppliers and customers, including potential
disruptions in supply of parts to our facilities or demand for our products
due to work stoppages; the financial condition of the company's suppliers and
customers, including potential bankruptcies; possible adverse effects of any
future suspension of normal trade credit terms by our suppliers; potential
difficulties competing with companies that have avoided their existing
contracts in bankruptcy and reorganization proceedings; successful integration
of acquired or merged businesses; the ability to achieve the expected annual
savings and synergies from past and future business combinations and the
ability to achieve the expected benefits of restructuring actions; success and
timing of potential divestitures; potential impairment of long-lived assets,
including goodwill; potential adjustment of the value of deferred tax assets;
competitive product and pricing pressures; the amount of the company's debt;
the ability of the company to continue to comply with covenants in its
financing agreements; the ability of the company to access capital markets;
credit ratings of the company's debt; the outcome of existing and any future
legal proceedings, including any litigation with respect to environmental or
asbestos-related matters; the outcome of actual and potential product
liability and warranty and recall claims; rising costs of pension and other
post-retirement benefits and possible changes in pension and other accounting
rules; as well as other risks and uncertainties, including but not limited to
those detailed herein and from time to time in other filings of the company
with the SEC. These forward-looking statements are made only as of the date
hereof, and the company undertakes no obligation to update or revise the
forward-looking statements, whether as a result of new information, future
events or otherwise, except as otherwise required by law.

All earnings per share amounts are on a diluted basis. The company's
fiscal year ends on the Sunday nearest Sept. 30, and its fiscal quarters end
on the Sundays nearest Dec. 31, March 31 and June 30. All year and quarter
references relate to the company's fiscal year and fiscal quarters, unless
otherwise stated.

Non-GAAP Measures

In addition to the results reported in accordance with accounting
principles generally accepted in the United States ("GAAP") included
throughout this press release, the company has provided information regarding
income from continuing operations, diluted earnings per share and operating
income before special items, which are non-GAAP financial measures. These non-
GAAP measures are defined as reported income or loss from continuing
operations, reported diluted earnings or loss per share, and operating income
or loss plus or minus special items. Other non-GAAP financial measures include
EBITDA and EBITDA, before special items, and free cash flow. EBITDA is defined
as income (loss) from continuing operations before income taxes, depreciation
and amortization and loss of sale on receivables. EBITDA, before special
items, is defined as EBITDA, plus or minus special items. Free cash flow
represents net cash provided by operating activities, less capital
expenditures.

Management believes that the non-GAAP financial measures used in this
press release are useful to both management and investors in their analysis of
the company's financial position and results of operations. Management uses
EBITDA as the primary basis to evaluate the performance of each of its
reportable segments.

Management believes EBITDA is a meaningful measure of performance as it is
commonly utilized by management and investors to analyze operating performance
and entity valuation. Management, the investment community and the banking
institutions routinely use EBITDA, together with other measures, to measure
operating performance in our industry. Free cash flow is useful in analyzing
the company's ability to service and repay its debt. Further, management uses
these non-GAAP measures for planning and forecasting in future periods.

These non-GAAP measures should not be considered a substitute for the
reported results prepared in accordance with GAAP. EBITDA should not be
considered as an alternative to net income as an indicator of our operating
performance or to cash flows as a measure of liquidity. Free cash flow should
not be considered a substitute for cash provided by operating activities or
other cash flow statement data prepared in accordance with GAAP or as a
measure of liquidity. In addition, the calculation of free cash flow does not
reflect cash used to service debt or cash received from the divestitures or
businesses or sales of other assets and thus does not reflect funds available
for investment or other discretionary uses.

These non-GAAP measures should not be considered a substitute for the
reported results prepared in accordance with GAAP. These non-GAAP financial
measures, as determined and presented by the company, may not be comparable to
related or similarly titled measures reported by other companies.

Set forth on the following pages are reconciliations of these non-GAAP
financial measures, if applicable, to the most directly comparable financial
measures calculated and presented in accordance with GAAP.

Second-Quarter Results Conference Call

ArvinMeritor will host a conference call and Web cast to present its
fiscal year 2008 second-quarter financial results on Tuesday, April 29, 2008,
at 8 a.m. (ET).

To participate, call (617) 213-4859, ten minutes prior to the start of the
call. Please reference Passcode 50118706 when dialing in. Investors can also
listen to the conference call in real time - or for 90 days by recording - by
visiting www.arvinmeritor.com.

A replay of the call will be available from 10 a.m. April 29, 2008, until
11:59 p.m. May 2, 2008, by calling (888) 286-8010 within the United States
and Canada, or (617) 801-6888 for international callers. Please reference
Passcode 35483669.